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Someone Stole My Truck. I Got A Crash Course On The Wild Black Market For Stolen Cars

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And despite the clear benefits of having sophisticated immobilizers for preventing thefts, car companies in the U.S. have continued to sell cars either without them or with subpar immobilizers that thieves have found ways to hack.

But over the last couple weeks, I've gotten a crash course on the black market for stolen cars, and I've come to learn that it's actuallythe nice ones that are the most frequent targets. It's the clunkers. If you think about it, that's pretty messed up. It means that the people who can least afford to have their cars stolen are more likely to have their cars stolen.

Meanwhile, Field argued, car manufacturers had little incentive to provide built-in security devices, like engine immobilizers, because insurance-protected consumers apparently didn't demand them."In the current automobile market, the incentives on individual car owners to secure their vehicles are so low that manufacturers have little incentive to research and develop more effective security measures," Field wrote.

 

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